Costco Wholesale (NASDAQ:COST) Given New $1,060.00 Price Target at JPMorgan Chase & Co.

Costco Wholesale (NASDAQ:COST) had its price target upped by JPMorgan Chase & Co. from $1,050.00 to $1,060.00 in a research note issued to investors on Friday morning, MarketBeat Ratings reports. JPMorgan Chase & Co. currently has an overweight rating on the retailer’s stock.

Other research analysts also recently issued research reports about the company. Guggenheim reissued a “neutral” rating on shares of Costco Wholesale in a research note on Monday, December 22nd. Truist Financial upped their price objective on Costco Wholesale from $926.00 to $977.00 and gave the company a “hold” rating in a report on Friday. Wells Fargo & Company increased their target price on Costco Wholesale from $900.00 to $950.00 and gave the company an “equal weight” rating in a research note on Thursday, February 5th. Telsey Advisory Group raised their target price on Costco Wholesale from $1,100.00 to $1,125.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Mizuho boosted their target price on Costco Wholesale from $1,000.00 to $1,065.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 3rd. Twenty-two investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $1,035.35.

Costco Wholesale Trading Up 1.6%

COST stock traded up $15.53 during midday trading on Friday, reaching $998.10. The stock had a trading volume of 2,706,109 shares, compared to its average volume of 1,972,194. The company has a quick ratio of 0.53, a current ratio of 1.04 and a debt-to-equity ratio of 0.19. Costco Wholesale has a twelve month low of $844.06 and a twelve month high of $1,067.08. The firm has a market cap of $443.03 billion, a price-to-earnings ratio of 51.90, a PEG ratio of 4.70 and a beta of 1.01. The business has a fifty day simple moving average of $961.64 and a two-hundred day simple moving average of $936.05.

Costco Wholesale (NASDAQ:COST) last issued its earnings results on Thursday, March 5th. The retailer reported $4.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.55 by $0.03. The company had revenue of $69.60 billion for the quarter, compared to analyst estimates of $68.96 billion. Costco Wholesale had a net margin of 2.99% and a return on equity of 29.37%. The company’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter last year, the firm earned $4.02 EPS. As a group, research analysts expect that Costco Wholesale will post 18.03 EPS for the current fiscal year.

Costco Wholesale Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Friday, January 30th were issued a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 0.5%. The ex-dividend date was Friday, January 30th. Costco Wholesale’s dividend payout ratio (DPR) is 27.85%.

Insider Buying and Selling

In related news, EVP Javier Polit sold 2,049 shares of the business’s stock in a transaction on Monday, December 29th. The shares were sold at an average price of $867.21, for a total value of $1,776,913.29. Following the sale, the executive vice president directly owned 10,748 shares of the company’s stock, valued at approximately $9,320,773.08. The trade was a 16.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Teresa A. Jones sold 850 shares of the company’s stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $986.26, for a total transaction of $838,321.00. Following the completion of the transaction, the executive vice president directly owned 4,228 shares of the company’s stock, valued at approximately $4,169,907.28. The trade was a 16.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 6,915 shares of company stock valued at $6,317,097. 0.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of COST. Union Savings Bank acquired a new position in Costco Wholesale during the 4th quarter worth approximately $2,040,000. Cedarwood Wealth LLC acquired a new stake in shares of Costco Wholesale in the fourth quarter valued at approximately $323,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of Costco Wholesale in the fourth quarter worth $27,000. Worthington Financial Partners LLC bought a new stake in shares of Costco Wholesale in the fourth quarter worth $1,173,000. Finally, Bayban acquired a new position in Costco Wholesale during the fourth quarter worth $347,000. 68.48% of the stock is currently owned by institutional investors.

Key Stories Impacting Costco Wholesale

Here are the key news stories impacting Costco Wholesale this week:

• Positive Sentiment: Q2 double‑beat — Costco reported revenue of ~$69.6B and GAAP EPS of $4.58, with comp‑store strength and membership fee growth that underpin near‑term sales momentum. This is the main catalyst supporting the rally. Costco Wholesale beats quarterly comparable sales estimates
• Positive Sentiment: Analyst upgrades and higher price targets — several brokers (notably a large Street high by BMO cited in coverage) raised targets and reiterated outperform/overweight views, adding upward pressure. Costco Stock Scores New Street‑High Price Target
• Positive Sentiment: Capital returns & balance‑sheet strength — commentary and notes on buybacks, a rising cash pile and the “special dividend” thesis are attracting income/return‑focused investors and support further upside. Costco Wholesale: Buy Now, Get Paid Later as Cash and Returns Build
• Positive Sentiment: Digital and membership momentum — online sales growth (~22.6%) and rising membership income are cited on the call as durable drivers of mix and margins, supporting investor confidence. Costco Digital Innovations Fuel 22.6% Online Growth
• Neutral Sentiment: Mixed analyst moves — while many raised targets, a few (e.g., Goldman) trimmed targets even as they kept buy calls; that creates a mix of conviction levels among institutional holders. Goldman Sachs adjusts price target on Costco
• Neutral Sentiment: Muted market reaction — despite the beat, some headlines note a tepid price move (and some pre‑market weakness) as investors weigh valuation metrics versus growth. That can lead to intraday volatility. Costco Stock Exhibits Muted Reaction Amid Double‑Beat Earnings Report
• Negative Sentiment: Valuation concerns and “red flags” narrative — some outlets argue the stock is expensive (high P/E, PEG) and list risks that could cap upside; those narratives are pressuring more value‑sensitive investors. Is Costco Too Expensive? 3 Red Flags That Could Send Shares Sliding

Costco Wholesale Company Profile

Costco Wholesale Corporation operates a global chain of membership-only warehouse clubs that sell a wide array of merchandise in bulk at discounted prices. The company’s product mix includes groceries, fresh and frozen food, household goods, electronics, apparel, and seasonal items, augmented by its prominent private-label brand, Kirkland Signature. Costco’s business model centers on annual membership fees and high-volume, low-margin sales, designed to drive repeat purchasing and strong customer loyalty among both consumers and small-business buyers.

Beyond merchandise, Costco provides a range of ancillary services that complement its warehouses, including gasoline stations, pharmacy and optical services, hearing aid centers, photo services, and travel and insurance products.